Singapore Sees Economy Losing Momentum as Export Boom Eases
It is going to be interesting to watch Singapore make another shift – since I don’t think the export boom will keep going.
Singapore is trying to shift into a tech economy while relying on their transit hub to carry the load.
Being in the tech industry I have things I could complain about but in general I think Singapore is doing the right thing.
But this is going to be a painful transition.
For example – Singapore is doing an amazing job around the longevity of its people :: http://www.straitstimes.com/singapore/100-years-of-singapore-through-centenarians-eyes-unlocking-secrets-to-longevity , but that is also going to cost the country – hence the taxes going up soon.
I am all in on Singapore – I trust this place to handle the changing world economies better that most places.
Let’s see how it goes.
